Question

a map from a trade development commission or chamber of commerce can be more useful than google maps for identifying

major areas of commerce and location accessibility.
organizations to join for networking purposes.
available buildings for business expansion.
delays due to construction.

question 18 (5 points)
how can you estimate the total sales volume you can expect in your location?

by projecting the number of anticipated sales on an annual basis
by researching information about your local industry
by hiring an accountant
by reviewing sales figures at the chamber of commerce

question 19 (5 points)
ideally, what will the u.s. census bureau will help you identify?

the kind of population living in your neighborhood
your nationwide competitors
an area with an expanding population willing to buy your products
a large existing market for your products or services

Explanation:

Analyze the first question

The first question asks what a map from a trade development commission or chamber of commerce is most useful for compared to Google Maps. Google Maps is excellent for real-time traffic, construction delays, and general navigation. However, a local chamber of commerce or trade development commission focuses on business, economic development, and commercial zoning. Therefore, their maps are specifically tailored to identify major areas of commerce and location accessibility for business purposes.

Analyze Question 18

The question asks how to estimate the total sales volume expected in a specific location. To estimate total sales volume for a new or existing location, a business owner must project the number of anticipated sales transactions and their values over a standard period, typically on an annual basis. While researching local industry or reviewing chamber of commerce figures provides general market context, the direct estimation of your own expected sales volume is achieved by projecting anticipated sales on an annual basis.

Analyze Question 19

The question asks what the U.S. Census Bureau will help identify. The U.S. Census Bureau collects demographic data, including age, income, household size, and race, at highly localized levels (such as tracts or neighborhoods). Therefore, it helps a business identify the specific kind of population living in their neighborhood to understand their local target market demographics.

Answer:

Question 1

• (A) major areas of commerce and location accessibility. (Correct answer)
• (B) organizations to join for networking purposes.
• (C) available buildings for business expansion.
• (D) delays due to construction.

Question 18

• (A) By projecting the number of anticipated sales on an annual basis (Correct answer)
• (B) By researching information about your local industry
• (C) By hiring an accountant
• (D) By reviewing sales figures at the Chamber of Commerce

Question 19

• (A) The kind of population living in your neighborhood (Correct answer)
• (B) Your nationwide competitors
• (C) An area with an expanding population willing to buy your products
• (D) A large existing market for your products or services